PV tracker solutions provider Nextracker has launched its investment roadshow after submitting an initial public offering (IPO) to the US stock market Nasdaq last month, seeking to raise up to US$534.9 million.
Amid potential supply chain bottlenecks as China increases its PV manufacturing dominance, companies in markets such as the US, India and Europe are looking to leverage new policy support to scale up domestic production. Jules Scully charts the industry’s efforts to onshore solar module manufacturing.
Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.
The future of solar module deployment may be rooted in mass, rapid deployment rather than precisely tilted, steel-mounted and spaced-out panels extending over acres of land. So says Australian company 5B, which manufactures accordion-style folding solar arrays that arrive at a project site flat-packed and ready to be deployed.
Danish developer Better Energy and pension fund Industriens Pension have expanded their partnership with a further investment of €800 million in solar parks across Northern Europe.
Silicon materials producer REC Silicon has concluded a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon.
Activities under the new Regional Emergency Solar Power Intervention Project, a US$311 million regional project for which the World Bank supports, have started in Freetown, Sierra Leone.
